US: Paccar’s Q1 net income drops 27.9% to US$236.1m

Paccar earned US$236.1m ($0.67 per share) in the first quarter of 2013 compared to $327.3m ($0.91) in the first quarter last year. First quarter 2013 net sales and financial services revenues were $3.92bn compared to $4.78bn a year ago.

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